The International Lottery and Gaming Limited has been in the lottery and gaming industry for more than twenty years. They offer online games and related content. Their products are sold to customers across the world. Some of their offerings include international lotteries, games and lottery promotions.
In addition to their lottery products, ILTS is also a supplier of facilities management services for on-line lotteries. ILTS is a subsidiary of Milli Piyango Idaresi, a private company.
ILTS is based in Carlsbad, CA. It has operations in Australia and the United States. ILTS designs and manufactures computerized wagering systems and manages its operations. ILTS also offers a range of other transaction-processing applications.
ILTS also maintains close ties with key officials in the international lottery and horse racing industries. This gives ILTS an opportunity to identify new business opportunities. Moreover, ILTS often receives unsolicited inquiries from potential customers.
ILTS has announced its financial results for the year ended April 30, 2002. During the year, the Company’s board of directors authorized the dismissal of the company’s accountant, Arthur Andersen LLP. However, the reports on the Company’s financial statements did not contain any disclaimer of opinion.
Several companies compete with ILTS for the full lottery system market. Among the competitors are Scientific Games, International Game Technology, and Gtech Holdings Corporation. ILTS plans to bid for additional contracts.
ILTS has experienced significant growth in the international marketplace. The company has received numerous inquiries from potential customers and has engaged in discussions with existing and new customers.